This has not been an easy year for Boeing (NYSE: BA) or aerospace composite technology company Hexcel (NYSE: HXL). Both companies have heavy exposure to commercial aviation, and the devastation wrought on that industry by the COVID-19 pandemic has significantly scaled back the outlook for aircraft deliveries over the short and long terms. Nevertheless, there's still an investment case for each of their stocks.
There's no way of getting around the fact that both companies' prospects will be heavily influenced by the demand situation for commercial aircraft in the coming years. That's what they have in common, but there are two key aspects to consider:
Boeing and Hexcel need aircraft demand to improve. Image source: Getty Images.
Source Fool.com